Sugar

The global sugar confectionery market size is anticipated to reach $69.5bn by 2026, growing at a rate of 4.3%, according to new research published by Polaris Market Research, as sugar stays stable on the commodity market.

The American baking industry will not experience a sugar shortage – despite severe weather conditions that have battered the country’s sugar-producing regions – as the US Department of Commerce has increased the quota of imported refined sugar from Mexico.

The six-year-old company had landed $35m in funding as recently as 2017, but it said a challenging retail environment led to this financial pitfall. Six of its more than two dozen stores will close immediately.

We spoke with the Chicago-based ingredient company at IBIE 2019 about how its non-digestible, essentially calorie-free ‘rare sugar’ can change the better-for-you and functional side of chocolate and candy.